BANDRON LIMITED

💤Zombieactive
SC082385 · ltd · incorporated 1983-03-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
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Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 41.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 41.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£467k£934k£1.4m£1.9m£2.3mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets—£352.3k
Current assets—£2.34M
Net assets—£342.3k
Average employees400—

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-04-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2017-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2017-04-03
    🔒
    Charge registered #5
    Lender: Sinead Mary O'rourke
  13. 2017-03-31
    🔒
    Charge registered #4
    Lender: Sinead Mary Orourke
  14. 2017-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2017-01-26
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  16. 2017-01-26
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2008-02-13
    ➕
    O'ROURKE, Sinead Mary appointed
    secretary
  18. 2008-02-13
    ➖
    BRUCE, William resigned
    secretary
  19. 2005-09-22
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  20. 2004-11-25
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  21. 1996-05-24
    ➕
    BRUCE, Gifford William appointed
    director
  22. 1996-05-24
    ➕
    BRUCE, William appointed
    secretary
  23. 1996-05-24
    ➖
    SOMERVILLE, Allison resigned
    secretary
  24. 1996-04-25
    ➖
    SOMERVILLE, Stuart Wilson resigned
    director
  25. 1990-06-30
    ➖
    SOMERVILLE, Stuart resigned
    secretary
  26. 1990-02-07
    ➖
    BRUCE, Gifford William resigned
    secretary
  27. 1990-02-07
    ➕
    SOMERVILLE, Allison appointed
    secretary
  28. 1990-02-07
    ➕
    SOMERVILLE, Stuart appointed
    secretary
  29. 1986-11-13
    🔓
    Charge satisfied #1
  30. 1984-08-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 1983-03-22
    🏢
    Company incorporated
    As BANDRON LIMITED

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sinead Mary Orourke
Individual · Irish · DOB 10/1969 · age 57
75–100%
—75-100% shares30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Financial services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AMATI GLOBAL INVESTORS LIMITED→
SC199908 · est 1999
£8.90M
£6.47M–£11.33M
——280026y8466y
CS MANAGERS LTD→
SC231678 · est 2002
£1.50M
£1.09M–£1.91M
——120024y8677y
GBCP VII (GENERAL PARTNER) LIMITED→
SC253395 · est 2003 · no financials extracted
————22y8362y
NOBLE GROSSART LIMITED→
SC046265 · est 1969 · no financials extracted
————57y8372y
PREMIER COMMERCIAL LIMITED→
SC160330 · est 1995
——£282.5k—30y8361y
RIA CAPITAL MARKETS LIMITED→
SC226461 · est 2001 · no financials extracted
————24y8358y
SCOTIA WEALTH MANAGEMENT LTD.→
SC267795 · est 2004
———130022y8358y
ALAN STEEL (ASSET MANAGEMENT) LIMITED→
SC058014 · est 1975
———4450y8262y
ALEX HAMMOND-CHAMBERS & COMPANY→
SC126819 · est 1990 · no financials extracted
————35y8284y
FAMILY & BUSINESS ASSURANCE (SERVICES) LIMITED→
SC347357 · est 2008
——£50.9k—17y8267y
HAMILTON DALRYMPLE TRUST COMPANY.→
SC017910 · est 1934 · no financials extracted
————92y8271y
J.V. FINN LIMITED→
SC238034 · est 2002
———10023y8259y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1983-03-22
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

16 Newlands
Kirknewton
West Lothian
EH27 8LR

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (2 active · 5 resigned)

O'ROURKE, Sinead Mary→
secretary · appointed 2008-02-13
View their other companies + combined net worth →
Active
BRUCE, Gifford William→
director · ~71y · appointed 1996-05-24
View their other companies + combined net worth →
Active
BRUCE, Gifford William→
secretary · resigned 1990-02-07
Resigned
BRUCE, William→
secretary · appointed 1996-05-24 · resigned 2008-02-13
Resigned
SOMERVILLE, Allison→
secretary · appointed 1990-02-07 · resigned 1996-05-24
Resigned
SOMERVILLE, Stuart→
secretary · appointed 1990-02-07 · resigned 1990-06-30
Resigned
SOMERVILLE, Stuart Wilson→
director · ~66y · resigned 1996-04-25
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Sinead Mary O'rourke
A registered charge1 property03/04/2017—
outstanding
Sinead Mary Orourke
A registered charge1 property31/03/2017—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property22/09/2005—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property25/11/2004—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property03/08/198413/11/1986
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-28